Magneti Marelli S.p.A.

Company Profile

■URL

http://www.magnetimarelli.com

■Address

Viale Aldo Borletti, 61/63 - 20011 Corbetta, Milano, Italy

Business Overview

-The Company is a global leader in the design and production of automotive components and systems. The Company serves all leading automakers in Europe, North and South America, and Asia.

-The Company operates in eight business areas:

  • Automotive Lighting
  • Powertrain
  • Electronic Systems
  • Suspension Systems
  • Exhaust Systems
  • Plastic Components & Modules
  • Aftermarket Parts and Services
  • Motorsport

-Recognizing the role of research and development as a key aspect in creating a competitive advantage, the Company has developed departments focused on various scientific areas. Traditionally, the Company has invested between 4% and 6% of its sales each year in research and development.

Shareholders

-A subsidiary of FCA Group (Fiat Chrysler Automobiles).

Products

Automotive Lighting
-Headlamp technologies

  • Adaptive Frontlighting System (AFS)
  • LED, Xenon and Halogen lamps
  • Daytime Running Lights (DRS)
  • Infrared System (IR-System)
  • Vertical aim controls

-Rear lamp technologies

  • Adaptive Rearlighting System (ARS)
  • LED lamps

-Electronics for headlamps and rear lamps
-Headlamp cleaning systems

Powertrain
-Gasoline Direct Injection (GDI) systems

  • Electronic Control Units (ECU)
  • GDI pumps
  • Fuel rails
  • GDI injectors
  • Throttle bodies
  • Air intake manifolds
  • Sensors, electrical motors & harnesses

-Gasoline Port Fuel Injection (PFI) systems

  • Electronic Control Units (ECU)
  • Fuel rails
  • Port fuel injectors
  • Throttle bodies
  • Air intake manifolds
  • Sensors, electrical motors & harnesses

-Diesel systems

  • Electronic Control Units (ECU)
  • Throttle bodies
  • Air intake manifolds
  • Sensors, electrical motors & harnesses
  • Selective Catalytic Reduction (SCR) systems

-BEV/HEV

  • Electric motor generators
  • Inverters
  • DC converters
  • Battery management systems
  • Electrical auxiliary components

-Transmission systems

  • AMT Hydr (Robotized gearbox)
  • Hydraulic actuation systems and control units for Dual-Clutch Transmissions (DCT)
  • Sensors, electrical motors & harnesses

-Multifuel systems

  • Compressed natural gas systems
  • Liquefied petroleum gas systems
  • Tetrafuel software - enables engine operation on any blend of gasoline and ethanol, or on methane
  • Flexfuel sensor - enables engine operation on any blend of gasoline and ethanol

 

Electronic Systems
-Instrument clusters
-Color and monochromatic displays
-Infotainment and navigation

  • Navigation & multimedia headunits
  • Radio, multimedia & connectivity platforms and systems
  • Connectivity platforms
  • Open platforms

-Telematics

  • E-Call platform - automatic emergency call in case of accident
  • E-Toll platform - automatic tolling based on location and route travelled
  • Telematics platform
  • High speed connectivity platforms

-Electronics for body components

Suspension Systems
-Suspensions

  • Complete axles
  • Control arms
  • Cross-members
  • Twist beams
  • Frames
  • Brake discs
  • Brake drums
  • Flexible Link, Elevated Compliance Suspension (F.L.E.C.S.)
  • Torsion Rod Compliant Suspension (T.O.R.C.S.)
  • Suspension modules

-Shock absorbers

  • Single and double tube shock absorbers
  • Structural shock absorbers
  • Gas springs
  • Synaptic damping control

-Cylinder sleeves

Exhaust systems
-Emission abatement systems

  • Exhaust manifolds
  • Catalytic converters
  • Diesel particulate filters
  • Selective Catalytic Reduction (SCR) systems
  • NOx Storage Converters (NSC)

-Silencing systems

  • Silencers
  • Rear pipes

 

Plastic Components and Modules
-Dashboards
-Center consoles
-Bumpers
-Fuel systems

History

1994 Signed a joint-venture agreement whereby instrumentation panels would be manufactured in the People's Republic of China.
The Company boosted production both in Poland and Turkey.
1995 The Company's rationalization program in Italy, Germany, Brazil, Spain, and Great Britain were proceeded
The Company undertook a further joint-venture deal with the Walbro company for the manufacture of fuel delivery systems in Mexico.
A second joint-venture agreement was signed for the manufacture of instrument clusters in the People's Republic of China.
The Company underwrote two joint-venture deals for the manufacture of exhaust systems and oil/water pumps in Brazil.
1996 In Argentina a third joint venture (Magneti Marelli Denso) agreement was undertaken with the Japanese company Denso Corp in the Thermal Systems area.
Magneti Marelli Sistemas de Escape was established in Argentina. The new company would manufacture exhaust systems.
Co, acquired in Portugal the Joao de Deus company, a supplier of engine cooling systems.
1997 Purchased the controlling interest in the Brazilian company Cofap, the largest components maker in South America.
The Company signed a joint venture agreement in India for the manufacture of instrument clusters and other components.
The Company signed a new joint venture agreement in China which will be operative in the engine control area.
Magneti Marelli South Africa was established for the production of exhaust systems.
The Company handed over its interest in sensors and column switches activities to the French company Labinal.
1998 Started production at the new factories operated by Cofap of America Inc. (shock absorbers) and the Shanghai Magneti Marelli Ltd. (instrument clusters) and Shiyan Magneti Marelli Dong Feng Auto Fueling Components Co. Ltd. (engine control systems) Chinese joint-ventures.
The Company acquired a 50% interest in Viasat from Telespazio, a Telecom Italia Group company that retains ownership of the remaining 50%. Viasat provides info mobility services through the use of innovative satellite technologies.
Jul. 1998 Exchanged its 68% share in the Arvin-COFAP joint-venture for Arvn's share in an Italian ride control manufacturing facility.
Mar. 1999 Sold an 80% share in its rotating machine business to the Japanese firm, Denso Corp.
Jan. 2000 Sold its lubricants business (the Fiat Lubricants group) to the British private equity group, Doughty Hanson.
Jul. 2004 Sold its Midas assets (speedy automobile maintenance business) in Europe and Latin America to the Norauto Group.
Nov. 2004 Acquired the assets of Sistemi Elettronici, a strategic supplier to Fiat Auto and other vehicle manufacturers.
Sep. 2005 The Company and Autoliv have signed a cooperation agreement for advanced automotive safety system electronics.
Sep. 2007 Signed a memorandum of understanding with Chery Automobile Co., Ltd. for the creation of a joint venture in China that produces hydraulic components for the Selespeed AMT transmission, which will be used by Chery and other car makers.
Oct. 2007 The Company, Suzuki Motor Corporation and Maruti Suzuki India Limited have signed an agreement for the creation of a joint venture in India, aimed at the production of electronic control units for diesel engines.
Jan. 2008 The Company and Sumi Motherson Group have signed an agreement for the creation of a joint venture in India aimed at the production of automotive components in the area of lighting and engine control systems.
Feb. 2008 Signed two agreements for the creation of two joint ventures in India aimed at the production of exhaust systems for automobiles. The agreements, which provide for equal shareholdings, have been entered into with SKH Metals Limited and SKH Sheet Metal Components Limited respectively.
Jun. 2008 The Company and Endurance Technologies Pvt. Ltd. have signed a joint venture agreement aimed at the production of shock absorbers for motor vehicles in India and Thailand.
Sep. 2008 The Company and Unitech Machines Limited have signed an agreement for the creation of a joint venture aimed at the production of motor vehicle electronic systems in India.
Jan. 2012 Formed a joint venture with Talbros Automotive Components Limited in India to produce suspension systems.
Apr. 2012 Formed a joint venture with Changchun Fudi Equipment Technology Development Co. Ltd. in China to produce powertrain components.
Jun. 2012 Formed a joint venture with Promatcor Inc. through subsidiary Sistemi Sospensioni S.p.A. to produce suspension systems in Mexico.
Nov. 2012 Formed a joint venture with Hefei Jianghuai Automotive Co., Ltd. and Hefei Lingdatang Collective Assets Management Co., Ltd. in China to produce exhaust systems.
Oct. 2013 Formed a joint venture with China South Industries Group Corporation (CSI) in China to produce headlamps and rear lamps.
Jun. 2014 Formed joint venture with Samvardhana Motherson International Ltd. (SMIL) as SMIL acquired a 50% stake of Magneti Marelli Shock Absorbers India Private Limited.
Formed joint venture with DTR Corporation, a Korean industrial rubber manufacturer, with the plan to acquire CF Gomma, an Italian-based supplier of automotive rubber products.
Dec. 2015 Formed joint venture with Changchun Fudi Equipment Technology Development Co. Ltd. to produce and sell automotive lighting systems.

Supplemental Information 1